On November 6, value investor Duan Yongping posted on the Chinese investing forum Xueqiu, responding to a question about “high spending” and saying that buying Pop Mart products, playing sports, or drinking good red wine can bring joy.
“What is your definition of high spending? Buying something you can’t afford?” Duan wrote, adding: “I think buying Pop Mart’s items can indeed bring joy; playing ball and having some good red wine can, too.”
His remarks came in reply to a user who asked: “After achieving financial freedom, what high-consumption behaviors would you have, and can spending still make you feel happy now?” Duan did not further define what he considers “high spending,” focusing instead on the idea that pleasure can stem from everyday purchases and activities rather than out-of-reach expenditures.
The exchange was posted on Xueqiu and centered on personal experience rather than setting a specific benchmark or monetary threshold for what constitutes high spending.
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